Hindustan Aeronautics Limited (HAL) has been conferred with the Outstanding Public Sector Undertaking (PSU) of the Year award at the All India Management Association (AIMA) Managing India Awards ceremony.
The award was given by Vice-President Jagdeep Dhankhar in Delhi on April 23.
Mr. Dhankhar congratulated all the winners who he mentioned had been thoughtfully picked up by the jury. He praised HAL’s efficiency and mentioned its success story is inspiring, and the PSU is the pleasure of the nation.
C.B. Ananthakrishnan, CMD (Additional Charge), HAL mentioned, “It is an honour to receive the award from Honourable Vice-President, and we at HAL are deeply motivated by this gesture. We will continue to strive and contribute to nation building with our dedicated efforts to make India self-reliant in defence production.”
HAL recorded the highest-ever income from operations of over ₹29,810 crore (provisional and un-audited) in the monetary yr ended on March 31, 2024, registering a double-digit progress of round 11% as in opposition to 9% in the earlier monetary yr. The firm maintained the progress momentum and has achieved an all-round improved efficiency in numerous areas.
Established in 1957, AIMA is the voice of India’s leaders and managers, and the apex physique of the administration occupation in India. It works intently with trade, authorities, academia, and college students to additional the trigger of the administration occupation in India. Its mission is to facilitate people and organisations realise their potential.